Copart, Inc.

Copart, Inc. provides online auctions and vehicle remarketing services across the United States, the United Kingdom, Germany, Brazil, Canada, the United Arab Emirates, Spain, Finland, Oman, the Republic of Ireland, and Bahrain. The company processes and sells vehicles over the internet using its virtual bidding third-generation auction-style sales technology. Its services include online seller access, salvage estimation, estimating, end-of-life vehicle processing, transportation, vehicle inspection stations, on-demand reporting, title processing and express, loan payoff, flexible vehicle processing programs, buy it now, sales process, and dealer services. Copart also sells vehicles through brands like BluCar, CashForCars.com, CashForCars.ca, CashForCars.de, CashForCars.co.uk, and Cash-for-cars.ie. Additionally, it offers Copart Recycling for purchasing parts from salvaged vehicles, copart 360 for 360-degree vehicle views, and IntelliSeller, an automated tool that helps sellers make auction decisions.

Copart, Inc. is listed on the Nasdaq Global Select Market (NasdaqGS) under the ticker symbol CPRT. The company trades in United States Dollars (USD), which is the official currency of the United States where it is headquartered. As a Nasdaq-listed company, Copart is subject to the exchange's listing requirements and regulatory oversight. Investors can buy and sell shares of CPRT through brokerage accounts that have access to U.S. stock markets. The stock is part of the Industrials sector and is widely followed by investors interested in specialty business services.

Copart, Inc. operates in the Industrials sector and is classified under the Specialty Business Services industry. The Industrials sector includes companies that provide industrial goods and services, such as manufacturing, transportation, and business support. Specialty Business Services refers to firms that offer specialized services to other businesses, often involving outsourcing or niche expertise. In Copart's case, it provides vehicle remarketing and auction services, which are essential for insurance companies, rental car agencies, and other organizations that need to dispose of damaged or used vehicles. This industry classification reflects Copart's role as a service provider rather than a manufacturer or retailer.

Copart, Inc. operates in multiple countries across North America, Europe, the Middle East, and South America. Specifically, it has operations in the United States, the United Kingdom, Germany, Brazil, Canada, the United Arab Emirates, Spain, Finland, Oman, the Republic of Ireland, and Bahrain. This global footprint allows Copart to serve a diverse range of customers, including insurance companies, vehicle dismantlers, rebuilders, and dealers. The company's international presence is supported by its online auction platform, which enables buyers and sellers from different regions to participate in vehicle sales. Copart also has localized brands such as CashForCars.de in Germany and CashForCars.co.uk in the United Kingdom to cater to specific markets.

Copart offers a comprehensive suite of services and proprietary technologies to streamline vehicle remarketing. Key services include online seller access, salvage estimation, estimating, end-of-life vehicle processing, transportation, vehicle inspection stations, on-demand reporting, title processing and express, loan payoff, flexible vehicle processing programs, buy it now, sales process, and dealer services. The company also operates several consumer-facing brands like BluCar and CashForCars.com to sell vehicles directly. On the technology side, Copart provides copart 360, which captures clear 360-degree views of vehicle interiors and exteriors, and IntelliSeller, an automated tool that leverages vehicle and sales data to assist sellers in making auction decisions. Additionally, through its subsidiary Purple Wave Inc., Copart offers wholesale construction, agriculture, and fleet remarketing via no-reserve online auctions, as well as wholesale powersport vehicle remarketing through live and online platforms.